Stimulation of Investment Activities to Ensure the Economic Security of the Region

Abstract

Relevance. Recently, the activation of investment activity has become the main method of ensuring the economic security of the region. The current economic situation has opened up new development opportunities for the regions, which without a qualitative change in the regional investment climate, activation and stimulation of investment processes for the development of the economic sectors of the region will not be realized and will not provide the necessary level of economic security. A special role in the system of coordinated and targeted measures to attract investment is assigned to the development and implementation of non-financial instruments, which is confirmed by the laws on investment activity and on public-private partnership adopted in the Kursk region.The purpose of the study is evaluate the instruments for stimulating investment activity enshrined in the legislation of the Kursk region.Objectives: on the example of the Kursk region, to consider and systematize the instruments enshrined in the legislation to stimulate investment activity and attract investment; conduct a study of the dynamics of investments in fixed assets for 2016-2020; determine the need to use new tools to attract investment in the region's economy.Methodology. Methods of system analysis, theoretical and methodological research of literary sources, monographic and comparative methods were used.Results. The most promising instruments for stimulating investment activity have been identified for use in the region in order to increase investment attractiveness in the context of ensuring the economic security of the region. Conclusions. To stimulate investment activity in the region, it is necessary to search for new tools to attract investment, among which are public-private partnerships, the implementation of elements of the Regional Investment Standard, agreements on the protection and promotion of investments. The use of these tools to stimulate investment activity will increase the investment attractiveness and, as a result, the level of economic security of the region.